177. Why are there more ‘Dave’ than women fund managers?

Just 14% of fund managers are women - a figure that has stayed the same since the year 2000. In fact, there are more fund managers named Dave than there are females. Why does this imbalance persist more than two decades later? To mark both Careers Week here in the UK, and International Women’s Day on 8 March, we tackle this question and more in part one of our Women’s Day special.
Apple Podcast Spotify Podcast

We’ve gathered five female guests from the industry to get their views on finance as a career and diversity in fund management. We’re joined today by Alexandra Jackson, manager of Rathbone UK Opportunities; Deirdre Cooper, co-manager of Ninety One Global Environment; Kirsty Gibson, co-manager of Baillie Gifford American; Sophia Li, co-manager of FSSA Japan Focus and Tessa Wong, product specialist on Allianz China A-Shares.

What’s covered in this podcast:

  • If more women are starting to take up fund management roles
  • What organisations are doing to attract more women
  • What is being done to keep women in roles in the ‘danger years’
  • The differences between countries in relation to male/female ratios
  • If the pandemic has made it easier for women to enter the industry
  • Why paternity leave could be a game changer
  • The traits and characteristics of female fund managers
  • How the industry can increase diversity across the board
This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.

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